CJ CheilJedang to Lower Flour Prices by an Average of 6.6% Starting Next Month...

Consumer Products Such as Pancake and All-Purpose Flour
Price Reduction of 3.2~10% by Product
"Government Participation in Price Stabilization"

CJ CheilJedang announced on the 19th that it will lower the prices of consumer flour products starting from the 1st of next month to participate in the government's price stabilization policy.

The products with reduced prices are three types: 1kg and 2.5kg of all-purpose flour and 3kg of pancake flour. The reduction rate is between 3.2% and 10% based on the regular prices at large supermarkets, with an average reduction rate of 6.6%.

CJ CheilJedang Logo

A CJ CheilJedang representative stated, "We decided to lower prices to reflect recent international wheat market prices and actively participate in the government's price stabilization efforts," adding, "We hope to contribute even slightly to stabilizing grocery prices."

Pancake flour and all-purpose flour are products commonly used in households and account for more than half of the total business-to-consumer (B2C) sales volume.